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A machine with a cost of $54,700 has an estimated residual...

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Accounting

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A machine with a cost of $54,700 has an estimated residual value of $3,305 and an estimated life of 5 years or 18,013 hours. What is the amount of depreciation for the second full year, using the double-declining balance method? a. $10.940.00 b. $21,880.00 c. $20.358.00 d. $13,128.00

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